Nov 30 2020 at 07:29
Revenge trading is for the most part determined by the dread of being off-base. It's typically when a trader, originating from an especially baffling misfortune, chooses to compensate for it by being more forceful in his/her next trades. It's the worst thing one trader can do. If you loss any trade, before opening any more trades make yourself relaxed.
Nov 30 2020 at 09:16
Definitely. If you lose a trade, it's important to cool your head before you make any new decisions. Meditate, or go for a run, do whatever you have to in order to get rid of the frustration and move on. It gets better with time, once you learn to trust your long-term profitability.
Dec 10 2020 at 09:48
I don’t really favour revenge trading since most of the times it is all about getting emotional and that is something everyone should avoid.
Dec 10 2020 at 11:55
If you close the trade with a minus, there is nothing wrong with that. This is part of your job. This happens very often. The main thing is to close negative trades in accordance with your system. And accordingly, open new ones without risking. And after waiting for a good entry point.
Dec 13 2020 at 10:22
Spend your time on learning. Running for ready-made strategies is not learning. Spend time on MT4 or trading terminals. Learn how to read the market. Study books not just some pages on internet or ebook. Read about successful traders. Learn how psychology works in trading. That's all.
Dec 14 2020 at 02:14
Dariusz54t454 posted:
If you close the trade with a minus, there is nothing wrong with that. This is part of your job. This happens very often. The main thing is to close negative trades in accordance with your system. And accordingly, open new ones without risking. And after waiting for a good entry point.
Yes, you are right. Every trader should trade according to discipline.
Jan 07 at 04:42
I don’t understand revenge trading, how can traders knowingly indulge in it. It is just something I want to stay away from.
Jan 13 at 11:02
Kylealker87 posted:
I don’t understand revenge trading, how can traders knowingly indulge in it. It is just something I want to stay away from.
So true. Nobody is responsible for one’s downfall other than they themselves. .
Jan 13 at 11:55
Yea I’m looking to avoid doing this as much as I can, not a good road to go down.
Jan 13 at 11:56
UweMoench posted:
Revenge trading is for the most part determined by the dread of being off-base. It's typically when a trader, originating from an especially baffling misfortune, chooses to compensate for it by being more forceful in his/her next trades. It's the worst thing one trader can do. If you loss any trade, before opening any more trades make yourself relaxed.
A trader must control his/her nerves, This is not a race ring
